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Time is running out for Cash App users to cash in on a $15 million settlement.
According to a class-action lawsuit obtained by USA TODAY, plaintiffs sued Cash App Investing and Block Inc. for the companies’ “failure to exercise reasonable care in securing and safeguarding consumer information.”
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The lawsuit said the data breach in December 2021 resulted “in the unauthorized public release of the personally identifiable information of 8.2 million current and former Cash App Investing customers.”
A former employee gained access to the mobile payment service users’ personal information during their employment and downloaded the data without the users’ knowledge, the lawsuit said.
On Nov. 7, the United States District Court Northern District of California granted a few deadline changes regarding this settlement, according to the court records. However, the deadline to file a claim will remain on Monday Nov. 18.
If any users had unauthorized or fraudulent withdrawals or transfers of funds from their Cash App account between Aug. 23, 2018, and before Aug. 20, 2024, they are eligible to submit a claim for up to $2,500, the Cash App website said.
Users who qualify must not have already been reimbursed by Block Inc., Cash App Investing, or a third party, the mobile payment service said.
According to Cash App, a user can submit a claim for the following:
Users should submit only one claim form. But if you have multiple Cash App accounts for which you want to submit a claim, the mobile payment service recommends that users list all of their Cash tag ($cashtag) and information about their claims on a single claim form, Cash App said.
To file a claim, Cash App users can submit a completed claim form by Nov. 18. You can submit the form at https://cashappsecuritysettlement.com/submit-claim.
Ahjané Forbes is a reporter on the National Trending Team at USA TODAY. Ahjané covers breaking news, car recalls, crime, food recalls, health, lottery, and public policy stories. Email her at [email protected]. Follow her on Instagram, Threads and X (Twitter) @forbesfineest.